(2015-03-17) Paper Funding For Whiteboard

Fifty Three, the team behind the critically acclaimed Paper Sketching app, has raised a $30 million Series B round led by Dayna Grayson of New Enterprise Associates (NEA). Georg Pettschnigg, Fifty Three's CEO and co-founder, says the new round of funding will help jump-start Fifty Three's move into the Enterprise space, where he hopes the creative tools that made Paper popular can also revolutionize the kind of productivity typically done on the office White Board.